Equilibrium in the foreign exchange market implies equilibrium in the balance of payments
Indicate whether the statement is true or false
TRUE
Economics
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________ refers to the reduction in economic surplus resulting from not being in competitive equilibrium
A) Producer atrophy B) Deadweight loss C) Economic shortage D) Marginal cost
Economics
According to the real business cycle theory, ________ are responsible for economic growth.
A. expansionary fiscal and monetary policies B. positive shifts in the AS curve C. positive shifts in the AD curve D. trade and income policies
Economics